Avianca will purchase Tampa Cargo and form a strategic alliance with Martinair, which currently holds a 57% share in the Colombian cargo airline. Avianca also will acquire the remaining shares held by private local investors. "In Bogota, Colombia, the parties reached a principle agreement on the sale of 100% of the shares. The transaction is expected to be finalized in June 2008," Martinair said. Value of the transaction was not disclosed. Simultaneously, Martinair, Tampa and Avianca are ...

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